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Someone more experienced with building may take this option but again speak to a good broker but as far as I know most lenders will not touch this. It also makes the builder somewhat accountable, as at the end of the day no matter what they get paid their margin. With a fixed price they have...

In answering your other question then yes there is what is known as a "cost plus" contract which is basically the cost of everything plus the builders margin (say 20%). Unless you know what your doing though then this is fraught with danger mainly because you really have no idea what the end...

Hey Saber, To answer your first question, no you do not need the building plans to settle on a piece of land. Some people genuinely just buy land without wanting to build so that is not unusual to lenders. When it does come time to build you will need a fixed price contract though. In...